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Uruguay extends deadlines for certain estimated tax payments due to COVID-19

03 August 2020

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Tax Alerts, Legislation & Policy, National/Federal Taxation

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Uruguay

In Resolution No. 1251/020 (issued 17 July 2020), the Uruguayan tax authorities extended certain deadlines for making estimated payments of corporate income tax (CIT), net wealth taxes and corporation control taxes.Extended deadlineThe resolution extends to September and October 2020 the deadline for paying CIT, net wealth taxes and corporation control taxes previously due in June and July 2020.Taxpayers eligible for extensionThe extended deadline applies to small- and medium-sized businesses with taxable income of 6 million Indexed Units or less from sales, services and other gross income in 2019. When determining taxable income, eligible taxpayers must consider the IU value at...